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Dollar General 210 N Main St

7,920 SF Retail Building Loreauville, LA 70552 $489,980 CAD ($62 CAD/SF) 9% Cap Rate

Investment Highlights

  • Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
  • Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
  • Extremely strong corporately guaranteed lease
  • Two, 5-year options, which include 10% rent increases
  • Located directly off Main Street, the main thoroughfare of Loreauville
  • Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future

Executive Summary

- Retail Synergy: Located next to the local auto parts shop, bank, pharmacy, and high school
- Two, 5-year options, which include 10% rent increases
- Average household income of $76,540 within a 10-mile radius of the property, considered to be ideal for Dollar General
- Located directly off Main Street, the main thoroughfare of Loreauville
- Extremely strong corporately guaranteed lease

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,920 SF
Building Class
C
Year Built
2001
Price
$489,980 CAD
Price Per SF
$62 CAD
Cap Rate
9%
NOI
$44,098 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
4.77 AC
  • Listing ID: 34243509

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 210 N Main St, Loreauville, LA 70552

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